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Asking Price:	$139,000 USD USA Dollars
Business for Sale Industry:	Food & Beverage: Restaurants, Fast Food, Deli
Reason for Selling:	other opportunity
Year Established:	1979
Yearly Revenues:	$452,000
Yearly Cash Flow:	$78,000

Business for Sale Overview:

This neighborhood deli sells wedges and hot foods, beer (the owner buys about $1,000/week in beer), soda, coffee and convenience items and recently added lotto to its menu. It has been in operation for almost 30 years and was updated with new equipment at the end of 2005. Great residential location near many homes and apartment buildings.

Property Features and Assets:

the deli has 1,000 square feet, a full kitchen, full length basement for storage, new display cases and a new slicer. It also has a walk-in box, street parking and 14 years left on the lease.

Market Competition and Expansion:

There is one other deli in the area and both have been there for many years. There are 3,000 apartment units in the area so there is a captive audience for this deli.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.